KHORUS.png

GKAR Newsfeed

Market Conditions as of November 2022

Shayne Wheeler

Posted by Shayne Wheeler
Jan 16, 2023 10:20:46 AM

Staying up-to-date on local market trends gives REALTORS® an edge when determining the value of a home. Whether acting as a buyer's or seller's agent, having concrete data to support the decision-making process is key- from setting a price to negotiating a sale.

Greater Kalamazoo Sales Statistics by Sub-Area*

1/1/2022 - 11/30/2022

  Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
All sold listings 4,331 $1,196,257,233  $276,208  $240,000  + $1,501 14 18
Non Co-op Sales 816 $244,674,848  $299,847  $245,000  - $60 14 17
Co-op Sales 3,515 $951,582,385  $270,720  $239,329  + $1,864 15 18
               
Area Units Volume Avg. Sale Price Median Sale Price Avg. Diff. SP to LP Avg. DOM Avg. CDOM
K01 - Milwood 126 $24,171,114  $191,834  $190,500  + $5,893 7 9
K02 - Westnedge Hill 75 $17,411,471  $232,153  $192,000  + $2,680 10 11
K03 - Westnedge-Whites Rd 89 $17,931,297  $201,475  $175,000  + $1,048 15 15
K04 - Oakwood-Parkview 80 $14,448,725  $180,609  $160,000  + $4,984 8 8
K05 - Winchell & Hillcrest 67 $19,116,507  $285,321  $281,500  + $3,547 9 11
K06 - WMU/Kcollege/Arcadia 52 $12,779,075  $245,751  $210,000  - $113 19 19
K07 - Westwood-NW Kalamazoo 207 $45,799,201  $221,252  $215,000  + $6,972 8 10
K08 - N Side w/in City Limits 70 $6,962,438  $99,463  $86,500  + $137 22 22
K09 - Dntown S To Crosstown 85 $15,028,495  $176,806  $148,000  - $2,372 26 35
K10 - Edison/Washington Sq 131 $14,997,972  $114,488  $110,000  + $2,325 13 14
K11 - North To G Ave Parchment 80 $13,606,521  $170,082  $168,250  + $4,314 9 9
K12 - East to Twp Line Eastwood 123 $16,937,540  $137,704  $136,000  + $1,967 16 18
K13 - Comstock & Charleston 265 $65,028,815  $245,392  $235,000  + $2,701 10 12
K15 - Richland & Ross Twp 171 $62,401,483  $364,921  $320,000  - $481 19 21
K16 - Pavillion & Climax Tw 74 $20,509,950  $277,161  $273,750  - $3,711 12 12
K19 - North Portage 412 $117,009,921  $284,005  $259,500  + $4,327 10 12
K20 - South Portage 227 $78,716,638  $346,769  $319,900  + $1,385 14 15
K21 - Schoolcraft & Prairie Ronde Twp 164 $49,435,670  $301,437  $270,750  - $198 15 21
K22 - Oshtemo Twp 262 $92,882,101  $354,512  $320,000  + $182 19 29
K23 - Alamo & Cooper Twp 153 $38,177,085  $249,523  $231,500  + $5,956 10 10
K24 - Gull Lake 18 $25,862,700  $1,436,817  $1,175,000  - $70,928 21 31
K25 - Texas Township 245 $118,289,121  $482,813  $445,000  - $1,198 19 27
K27 - Wakeshma Twp 11 $1,395,350  $126,850  $129,500  + $3,468 32 34
K29 - Brady Twp 43 $12,303,151  $286,120  $220,000  - $5,564 14 20
K30 - Orangeville Twp 30 $9,604,150  $320,138  $278,700  - $5,091 25 32
K31 - Hope Twp 38 $11,814,018  $310,895  $249,500  - $1,595 17 18
K32 - Baltimore & Johnstown 49 $14,282,510  $291,480  $250,000  - $1,255 26 29
K33 - Prairieville Twp 41 $13,120,823  $320,020  $335,000  + $493 17 22
K34 - Barry Twp 38 $10,424,505  $274,329  $230,000  - $7,108 17 17
K53 - Trowbridge Twp 23 $5,929,486  $257,804  $260,000  - $3,143 14 15
K54 - Otsego Twp 128 $30,018,838  $234,522  $220,000  + $4,295 10 10
K55 - Gun Plain Twp 83 $21,037,938  $253,469  $225,000  + $8,722 12 15
K56 - Lake Doster 14 $5,605,050  $400,361  $403,500  - $589 17 17
K59 - Allegan Twp 133 $32,777,252  $246,446  $219,900  + $4,648 13 16
K60 - Watson Twp 14 $3,893,663  $278,119  $238,000  + $8,019 19 21
K61 - Martin Township 21 $4,792,375  $228,208  $227,900  + $8,967 15 15
K80 - Bloomingdale & Pine Grove 81 $17,800,098  $219,754  $190,000  - $3,781 22 31
K81 - Waverly & Almena Twp 83 $25,182,121  $303,399  $290,000  + $196 13 16
K85 - Paw Paw Twp Except V 42 $12,195,600  $290,371  $270,000  - $6,202 30 31
K86 - Antwerp Twp 171 $49,897,203  $291,797  $291,185  + $1,277 15 23
K87 - Porter Twp 32 $11,945,000  $373,281  $375,500  - $3,565 24 28
K88 - Village of Paw Paw 46 $9,216,463  $200,358  $191,060  + $3,588 11 19
K89 - Decatur Twp 34 $5,517,800  $162,288  $155,000  - $6,603 29 40

(Top)

*All information deemed materially reliable but not guaranteed. Interested parties are encouraged to verify all information. Copyright 2022 MichRIC, LLC All rights reserved. 

Shayne Wheeler

Shayne Wheeler

Connect with me here: